South & Central Asia
Singapore rig builders let off hook in Sete Brazil case
A U.S. judge has let Singapore’s offshore rig builders Keppel and Sembcorp Marine off the hook in a case involving an investment fund, Brazil’s driller Sete and the oil company Petrobras. To remind, in mid-2016 Keppel and Sembcorp Marine were named defendants in an action initiated by EIG Management
Spotted: First Call of AIDAbella in Shanghai
AIDAbella, a cruise ship owned by German cruise line AIDA Cruises, was the first ship of the AIDA fleet to sail past Shanghai’s skyline before it docked at the International Cruise Terminal on April 2, 2017. From April 2 to 4, 2017, AIDAbella will remain in Shanghai where AIDA Cruises is performing
AET Chooses LNG Dual Fuel Option for Aframax Newbuilds
Singapore-headquartered owner and operator of petroleum and chemical tankers AET has decided to equip up to four of its new Aframax tankers currently being built by South Korean shipbuilder Samsung Heavy Industries (SHI) with the liquefied natural gas (LNG) dual fuel option. The 113,000 dwt vessels,
Report: South Korean Ship Sinks off Uruguay
A South Korean ship carrying 24 crew members went missing and is believed to have sunk in the South Atlantic, some 3,700 kilometers off Uruguay, Yonhap News Agency reported. On March 31, the crew of the very large ore carrier (VLOC) Stellar Daisy sent a distress signal to Polaris Shipping, the owner
Drewry: 2017 a Year of Small Comeback for Container Carriers
2017 should be a year of small profits for most container carriers but there will be very little room for error, according to shipping consultancy Drewry. The short-term outlook for the container shipping lines looks good as the worst seems to have passed, Drewry said. Drewry initially expected indu
Jawaharlal Nehru Port Makes Way for Bigger Ships
Indian port operator Jawaharlal Nehru Port Trust (JNPT) has awarded a joint venture of Royal Boskalis Westminster and Jan De Nul with a USD 250 million contract for the deepening and widening of the access channel towards Jawaharlal Nehru Port in Mumbai. The works are scheduled to commence in the co
HHI Installs Regasification System Using Glycol on board LNG FSRU Newbuilding
South Korean shipbuilder Hyundai Heavy Industries (HHI) has held a demonstration ceremony for the installation of a liquefied natural gas (LNG) regasification system using glycol on board a 170,000 cbm LNG floating storage regasification unit (FSRU) at its Ulsan shipyard. Since the glycol regasifica
Boskalis Wins Jawaharlal Nehru Port Dredging Contract
Royal Boskalis Westminster N.V. (Boskalis) in joint venture with Jan De Nul has acquired a contract with port operator Jawaharlal Nehru Port Trust for the deepening and widening of the access channel towards Jawaharlal Nehru Port in Mumbai, India. The contract carries a value of approximately EUR 25
Talk of Tokyo: LNG trio to test leverage in push to free-up purchases
By Mark Tay SINGAPORE (Reuters) – The world’s gas industry is descending on Tokyo this week with something other than cherry blossoms on its mind: a trio of Asian LNG buyers testing their collective muscle in a push for more flexible long-term contracts for the fuel. Korea Gas Corp (KOGAS), Japan’s
Ex-Standard Chartered director becomes Pacific Radiance CFO
Singapore’s offshore support solutions provider Pacific Radiance has appointed a new chief financial officer (CFO) of the company with effect from April 3, 2017. Pacific Radiance said on Friday that the board of directors and the Nominating Committee named Chia Iris as the new CFO following a review
Top news, March 27 – April 2, 2017
Tidal Energy Today has compiled the top news from tidal and wave energy industry from March 27 until April 2, 2017.
Popular news, Mar 27 – Apr 2, 2017
The most popular articles of the week